TOPAZ ENERGY CORP (TPZ.CA) Technical Analysis
TSX:TPZ • CA89055A2039
We assign a technical rating of 8 out of 10 to TPZ. Although TPZ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- TPZ is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TPZ is leading the market.
- TPZ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When compared to the yearly performance of all other stocks, TPZ outperforms 66% of them, which is more or less in line with the market.
- TPZ is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, TPZ did better than 56% of them.
Besides having an excellent technical rating, TPZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.88
When analyzing the support we can see 6 important areas.
- Support @30.02 from a trend line in the daily time frame.
- Support @28.19 from a horizontal line in the daily time frame.
- Support @27.43 from a trend line in the daily time frame.
- A support zone ranging from 26.23 to 26.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.20 from a horizontal line in the daily time frame.
- Support @22.10 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.35 to 31.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TPZ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPZ.CA is up. |
| ChartMill Relative Strength | 66.9 | NEUTRAL | TPZ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPZ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.55 | NEUTRAL | The RSI value for TPZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TPZ.CA has a negative trend. |
| Stochastics (14,3) | 65.83 | NEUTRAL | The Stochastics value for TPZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TPZ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.15 | POSITIVE | The high ADX value value for TPZ.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.84 | 30.92 | 0.92 (2.89%) | 25.00% |
| An entry @31.84. This is a Buy Stop order right above the resistance zone. | An exit @30.92. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.92 points, which is 2.89%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TPZ. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TPZ.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TPZ (3/12/2026, 7:00:00 PM)
31.34
-0.02 (-0.06%)
TOPAZ ENERGY CORP / TPZ.CA FAQ
What is the technical rating for TPZ stock?
ChartMill assigns a technical rating of 8 / 10 to TPZ.CA.
What is the current trend direction of TOPAZ ENERGY CORP (TPZ.CA) stock?
The current trend direction for TOPAZ ENERGY CORP (TPZ.CA) is Bullish.
Can you provide the RSI signal for TOPAZ ENERGY CORP?
TOPAZ ENERGY CORP (TPZ.CA) has an RSI value of 61.5515. This indicates that the stock is currently neutral.
What is the MACD signal for TOPAZ ENERGY CORP (TPZ.CA) stock?
The MACD indicator for TOPAZ ENERGY CORP (TPZ.CA) has a value of -0.0286006, indicating a bearish trend.
Can you provide the short term momentum for TOPAZ ENERGY CORP?
The short term momentum for TOPAZ ENERGY CORP (TPZ.CA) is positive.